Aprio News

Board diversity has been a hot topic for years, but the reasons are stacking up to make 2021 a year to make board diversity a requirement. Investors are pushing for more action on board diversity. In December 2020, the Nasdaq Stock Market filed a proposal to encourage greater board diversity and enhanced diversity disclosures. Plus, research continues to show diverse boards tend to have improved financial performance. Most boards understand the benefits

When the COVID-19 pandemic took hold in the spring of 2020, it forced boards to work remotely, changed how board of directors behave and communicate, and ultimately reshaped board governance. With remote working arrangements and virtual meetings here to stay, how do boards stay on top of modern board governance in this new era of digital transformation? Here’s some best practices to consider. Best practices to incorporate into your modern board governance

Your board members are often volunteers, donating their time and energy to help you accomplish your organization’s goals. A virtual board meeting is an increasingly popular way of accommodating your board members’ professional and personal schedules. Technology is constantly bringing us new tools and extending its capabilities, such as remote attendance for meetings. The early virtual meeting tools weren’t perfect, but it has become easier and easier to design features and provide

How do you know whether your credit union board is doing a good job or not? We frequently hear from board members that their board governance “must be effective” because the credit union is performing well.  But how do you know who is driving the credit union’s performance? Is it the board, or is it the senior management team? How can you tell if your board is effectively contributing to the development

Board meetings are an essential opportunity for board members to analyze performance, make executive decisions, and discuss steps moving forward. Depending on the number of board members, accessing and communicating accurate and consistent information can be difficult. That’s where paperless board meetings come in.  What are paperless board meetings? Paperless board meetings are a new take on office tradition. In order to positively impact traditional board meetings and allow for a seamless

How do you know whether your credit union board is doing a good job or not? We frequently hear from board members that their board governance “must be effective” because the credit union is performing well.  But how do you know who is driving the credit union’s performance? Is it the board, or is it the senior management team? How can you know if your board is effectively contributing to the development